israel

Open Banking Reform Drives Competition in Israeli Financial Services Sector
Open Banking Reform Drives Competition in Israeli Financial Services Sector
December 27, 2022  |  Bank Regulation

Six months after Israel’s open banking legislation came into effect, the field is taking shape. Like similar laws elsewhere, such as the EU’s second payment...

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Israeli Cybersecurity Unicorn Snyk Raises $196.5M
Israeli Cybersecurity Unicorn Snyk Raises $196.5M
December 14, 2022  |  Investments

Israeli cybersecurity unicorn Snyk has raised $196.5 million in a Series G funding round. The Boston-based company, which was founded in 2015 by Israeli entrepreneurs...

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Strengthening Relations Help Bolster Israel-UAE FinTech Collaboration
Strengthening Relations Help Bolster Israel-UAE FinTech Collaboration
November 24, 2022  |  Fintech Investments

It’s been two years since a U.S.-brokered deal that normalized diplomatic relations between Israel and the United Arab Emirates (UAE) in 2020, leading to the...

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Israel Eyes Blockchain Bonds To Streamline Debt-based Securities Issuance
Israel Eyes Blockchain Bonds To Streamline Debt-based Securities Issuance
November 02, 2022  |  Blockchain / Distributed Ledger

The Tel Aviv Stock Exchange (TASE) has recently signaled its interest in exploring innovative use cases for distributed ledger technology (DLT) in financial markets. Upon...

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TenureX, Martin Fiddaman Associates Partner to Streamline Correspondent Banking
TenureX, Martin Fiddaman Associates Partner to Streamline Correspondent Banking
August 09, 2022  |  Partnerships

Planning to deliver “correspondent-banking-in-a-box,” Israeli startup TenureX has partnered with U.K. consultancy Martin Fiddaman Associates to help overseas banks in the U.K., challengers and FinTechs...

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Israel: At the Confluence of FinTech, Cybersecurity Innovation
Israel: At the Confluence of FinTech, Cybersecurity Innovation
August 07, 2022  |  Security & Fraud

Israel is well known as a world leader in cybersecurity and a critical innovation hub driving the development of tools and resources aimed at fighting...

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Israel’s Lower Threshold on Cash Transactions Takes Effect Next Week
Israel’s Lower Threshold on Cash Transactions Takes Effect Next Week
July 26, 2022  |  Cash

Since 2019, Israeli businesses and consumers have been subject to a limit on the value of cash transactions. On Aug. 1, that limit is set...

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Israeli CyberSecurity Firm Perimeter 81 Valued at $1B
Israeli CyberSecurity Firm Perimeter 81 Valued at $1B
June 06, 2022  |  Investments

Israeli cybersecurity firm Perimeter 81 entered unicorn territory Monday (June 6) following a funding round that valued the company at $1 billion, according to a...

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Israel’s FIRMUS Raises $4.5M for AI-Based Construction Analysis
Israel’s FIRMUS Raises $4.5M for AI-Based Construction Analysis
May 09, 2022  |  artificial intelligence

FIRMUS, an Israel-based pre-construction AI and computer vision startup, has raised $4.5 million in seed funding, a report says. This will help the company vision...

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